All administration articles – Page 8
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MT ArticleHayden Chilled’s liquidator spells out industry’s challenges
Accountancy firm Azets confirmed it was handling the liquidation of Scottish refrigerated haulage company Hayden Chilled and was now focused on providing support to the 37 staff made redundant.
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MT ArticleScotland’s Hayden Chilled to be wound up
Scottish food distribution company Hayden Chilled has presented a petition in court for a liquidator to be appointed to wind the business up.
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MT ArticleBristol haulier John Dinham sold in pre-pack deal, saving 36 jobs
John Dinham Transport has been sold for £100,000 to a business whose director is also the boss at the beleaguered Bristol-based haulage firm, documents have revealed.
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MT ArticleNo buyer found: AAD Transport closes down
A buyer for stricken Kirriemuir-based haulage firm AAD Transport has not been found and the business has now closed with the loss of 65 jobs.
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MT ArticleImmingham-based L&M Transport (UK) falls into administration
Another haulier has fallen victim to the ongoing economic downturn, with Immingham-based haulier L&M Transport (UK) calling in the administrators this week.
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MT ArticleNCA sting takes down LockBit ransomware criminals that targeted KNP Logistics
The UK’s National Crime Agency (NCA) has seized the website of criminal ransomware group Lockbit, which was instrumental in the collapse of KNP Logistics last year, as well as being responsible for targeting thousands of other victims across the world, during a four-year crime spree.
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MT ArticleVox Pop: “The amount of administrations is scary…”
MT asks some of the industry’s leading players to assess the increasingly tough market and give their verdicts on how 2024 will play out for themselves and their competitors…
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MT ArticleMonex Group buys Bridgetime Transport trade and assets in pre-pack sale
A pre-pack sale has seen family-run Newport-based Monex Group acquire part of the trade and assets of Bridgetime Transport, which went into administration earlier this month.
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MT ArticleDo not bury your head in the sand over cyber crime, hauliers warned
From left: Stephen Hards, Paul Abbott, MT editor Steve Hobson and James Hall Last month Motor Transport in association with Bosch CyberCompare held a webinar looking at the growing problem of cyber attacks. These can leave a business crippled and facing demands for ransoms that could destroy ...
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MT ArticleAdministrators appointed to John Dinham Transport
Bristol-based John Dinham Transport has become the latest haulage business forced to appoint administrators.
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MT ArticleSignificant number of redundancies as Youngs Transportation and North West Cargo succumb to administration
Two more major road haulage businesses, Youngs Transportation & Logistics and North West Cargo, have entered administration with a significant number of redundancies.
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MT ArticleAAD Transport in administration with 65 jobs in doubt
Kirriemuir-based haulage firm AAD Transport is up for sale after falling into administration this week.
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MT Article“Challenging” market conditions tip Arrival into administration
British electric vehicle maker Arrival has called in the administrators after failing to raise rescue funding to launch its debut electric van, leaving around 170 jobs at risk.
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MT ArticleBridgetime Transport Limited calls in the administrators
Bridgetime Transport Limited, one of the biggest employers in Cwmbran, South Wales, has called in the administrators.
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MT ArticleCapper’s administrator explains firm’s failure
WJ Capper Transport’s demise was prompted by the Covid-19 pandemic which had a “severe impact” on the Shropshire business, according to its administrator.
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MT ArticleBritish electric van start-up Arrival faces threat of insolvency as it struggles to raise funding
Troubled British electric van start-up Arrival is in talks with EY about recruiting an administrator, if the company cannot secure rescue funding, according to reports.
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MT ArticlePre-pack sale saved parts of Bomfords’ operation
Bomfords Haulage’s goodwill and some of its assets were sold in a pre-pack deal to a subsidiary firm in the Bomfords Group, which helped rescue some of its business and staff, according to the administrator.
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MT ArticleLoss-making contracts contributed to demise of Gwynedd Shipping, administrators reveal
A number of loss-making contracts contributed to the demise of Anglesey-based logistics and shipping firm Gwynedd Shipping, according to the company’s joint administrators.
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MT ArticleGwynedd Shipping: Welsh logistics firm files for administration
Anglesey-based logistics and shipping company Gwynedd Shipping Limited has filed for administration this week, leaving scores of staff facing redundancy.